2021-04-30-accounts

I	he	North	Molton	Ohurchlands	I-eottees is	governed	governed	by a Conveyance and	by a Conveyance and	I rust Ueed dated	14th October 1975and was registered	as
						charity		number	266523 on 26th	February 1974.
					Trustees:				Mr N. Ayre (Secretary) - Resigned,		Vacancy for Secretary
									Mr R.H. Ayre
									Mr R.P.Ayre
									Mr D. Clark
									MrJ.Fox
									Mr M. Geen
									Mr W. Geen (Chairman)
									Mr S.Kellaway
									Mr P. Parker
									Mrs R.J.Taylor	(Treasurer)
									Mr C. Whinney
					Principal	Office:			Coombes head
									South Molton
									Devon
									EX363ER
					Bank:				Nat West
									41 High Street
									Barnstaple
									Devon
									EX31 1DA
					Independent		Examiner:		Stevens &Willey
									Grenville House
									9 Boutport Street
									Barnstaple
									Devon
									EX31 1TZ
									CONTENTS
					Page
							Trustees		Report
							Independent Examiner's			Report
							Receipts		&Payments Account
							Statement ofAssets and			Liabilities

					2021		2020
RECEIPTS
Rental Income
Bakery Cottage				6,700			7,740
Bradfords Cottage				5,250			6,300
Hillside View No 1				5,670			5,670
Hillside View No 2				6,300			6,300
Mole Bridge House				7,531			9,132
MBH Garage				1,500			660
Painters Cottage				7,700			7,975
Painters Paddock				550
Old school Flat 1				6,175			5,425
Old school Flat 2				3,575			4,950
Old School Hall				260			260
						51,211		54,412
Other Income
Wayleave				17			17
Part of DPS re No	2 Old School Flat			375
Deposit from New	Tenant		MBH	761
Insurance pay-out	Old	School		1,346
Deposit from new tenant Bakery Cottage				700
Electricity							42
Grant from NDDC	for Old		School	10,000
						13,199		59
investment Income
Charity Official Investment			Fund	24			23
						24		23
Bank Interest Received
Reserve Account				22			130
						22		130
						64,456		54,624
Total Income
EXPENDITURE
Insurance (Old School)				2,467			2,450
Insurance (Houses)				2,799			2,694
Property Repairs				7,181			7,576
Electricity				1,049			188
Water				887			494
Independent Examination			Fee	360			348
Honoraria				1,154			577
Property Management		Fees		10,305			8,742
Council Tax - Bakery Cottage				244
Council Tax - 2 Old	School Flats			68
Deposit Protection	Service			1,461
Purchase of New Mower				110
Gift to Retiring Minute Secretary				66
Printing Postage 8	Stationery			175			45
Fire Alarm OS				44			111
Alarm at Old School							188
Lighting Old School				39
Surveyor Report Old School				234			750
Zoom Meetings				44
Rubbish Removal OS				200			120
Total Expenditure						28,887		24,283
Deficit/Surplus for year prior to donations						35,569		30,341
Deficit/Surplus for year						35,569		30,341
Bank Balances 1st May	2020					80,533		50,192
Bank Balances at 30th	April 2021			E		116,102	F	80,533

													Monthly	Annual
Property				Tenant									Rent	Rent
Bakery Cottage				Mr & Mrs	Guest								E700	E8,400
				Mr 8 Mrs	Guest - Rent		reduction		November			2020	E650	E7,800
Bradford's Cottage				Mr Lowe									E525	E6,300
Hillside View		No 1		Messrs Lynch &Shaw									E472.50	E5,670 Includes water
Hillside View		No 2		Mr K Hildrew									E525	E6,300 Includes water
Mole Bridge		House		Mr D Peters									E761	E9,132
				Mr D Peters - From November				2020					E621	E7,452
Mole Bridge		Garage		Traditional	Finishes								E60	E720
				Traditional	Finishes - From November					2020			E200	E2,400
Painters	Cottage			Mr 8 Mrs.	R Partridge		- From June 2020						E700	E8,400
Painters	Field			Mr 8 Mrs.	R Partridge		- From June 2020						E.50	E600
Old School Flat 1				Mr K Strickland									E475	E5,700
Old School Flat 2				Mr K Wilson - Vacated			November		2020				E430	E5,160
				Mr NC Parker - From		March 2021							E475	E5,700
Old School				North Molton Old School Project										E520
Investments
		45 Units		Charities	Official Investment Fund				Shares
Recent valuations			have	not been obtained for the		investments			or freehold			properties.
														2021	2020
														E	E
Debtors
		Mr R	E Lowe Rent arrears											1,050
		Old School		Management	Committee	(one year		rent written			off)				520
		Traditional		Finishes - Mole Bridge Garage											60
														1,050	580
Cash at	Bank
Current Account														1,000	1,000
Reserve	Account													115,102	79,533
														116,102	80,533
LIABILITIES
Receipt	in Advance
		Mr KStrickland - one months rent paid					in advance							475
		2 Old	School Flats E375paid so far for				deposit of		E475.					375
														850
Creditors
		Mr RCarder - property management				expenses		April						1,180	990
		Mrs R Govier - Honorarium													289
														1,180	1,279